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UK: WSTA comes to deal with HMRC

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The Wine and Spirit Trade Association has signed an agreement with HM Revenue & Customs.

The UK trade body said today (21 March) that its chief executive, Jeremy Beadles, has signed a memoranda of understanding with HMRC's chairman, David Varney. The agreement will provide a framework for co-operation in tackling spirit alcohol fraud and smuggling into and out of the UK.

The move will set a formal basis of co-operation which will restrict the opportunities for fraudsters to hide illicit duty suspended movements within legitimate imports, the WSTA said.

Today's signing strengthens the ongoing relationship between HMRC and the UK spirits industry.

"The WSTA has worked closely with HMRC over a long period to find ways to reduce the levels of spirit alcohol fraud," said WSTA chief executive, Jeremy Beadles. "The signing of these (memorandum of understanding) demonstrates our members' commitment to tackle alcohol fraud.

"Fraud has a serious impact on the profitability of law abiding businesses and we are committed to working with HMRC, on our members' behalf, to stamp it out."


Sectors: Spirits, Wine

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